EUROPE SEES HORMUZ FEES AS LIKELY
Some European governments now believe transit fees for ships using the Strait of Hormuz may be unavoidable following the U.S.-Iran ceasefire.
While the U.S. and Gulf states continue to oppose any charges, European officials are pushing for non-discriminatory rules and an international maritime coalition to safeguard shipping through the vital energy route.
Some European governments now believe transit fees for ships using the Strait of Hormuz may be unavoidable following the U.S.-Iran ceasefire.
While the U.S. and Gulf states continue to oppose any charges, European officials are pushing for non-discriminatory rules and an international maritime coalition to safeguard shipping through the vital energy route.